Renewable energy is a priority for Cuba as the island nation copes with power shortages and a dependency on foreign sources of crude oil. One British firm has been working on a project to exploit the energy value of sugarcane since 2012. Havana Energy, led by former Labour trade secretary Brian Wilson, is to build … Read more
In May, Cuba agreed to join an international consortium of countries launching an effort to target Illegal Unreported and Unregulated (IUU) fishing; that accord is now binding. The United Nations Food and Agriculture Organization (FAO) has announced that a groundbreaking international accord today and is now legally binding for the 29 countries and a regional … Read more
Cruising to Cuba is emerging as a desirable way to explore the Caribbean’s largest and fastest growing destination. A new Miami-based cruise line is set to begin new Florida-Cuba itineraries in November – and from Montreal, Canada, to ports in Canada and on the U.S. Great Lakes in July. It will be the first cruise … Read more
Despite the global success of the U.S. industry and the passage of the Cuban Democracy Act (CDA), which has permitted U.S. medical goods sales to Cuba since 1992, the level of medical device exports to Cuba has remained low. The challenges associated with complying with the CDA, the limited opportunities to commercialize and sell devices … Read more
John Hemingway is an American writer and translator living in Montreal. His memoir, Strange Tribe (Lyons Press, May 2007), describes the love/hate relationship and the striking similarities between his father, Dr. Gregory Hemingway, and his grandfather, Ernest Hemingway. Ernest lived much of his adult life in Cuba and eventually became a fixture of Havana. He … Read more
Residents of Vermont know Jake Agna for his Kids on the Ball tennis program for Burlington youth. Now, Agna is big plans to expose Cuban youth to tennis – and expand international relations despite the US embargo against Cuba. His vision became a reality on March 1, 2016 when the Cuban government approved a project … Read more
President Obama, Pope Francis, and the Rolling Stones have all visited Cuba in the past year, and many US consumer goods companies want to be next. As Cuba begins to liberalize its economy, the country’s population of 11 million people and GDP of $82 billion are increasingly attractive. The Boston Consulting Group (BCG) analyzed the … Read more
Cuba’s transition to an economy driven by private sector employment is creating attractive opportunities for the emerging consumer base in the country’s population of 11 million people and GDP of $82 billion. The Boston Consulting Group (BCG) analyzed the country’s market for consumer goods and found that it will present a growing opportunity over the … Read more
Spain and Cuba signed an agreement earlier this month to restructure Cuban debt, according to the Spanish ministry of economy. The ministry noted that medium and long term debts owed by Cuba totals 2.44 billion euros (US$2.81 billion) by the end of last October, and none of these amounts have been repaid. The agreements between … Read more
It is no wonder why the US yachting community has fallen in love with Cuba. After all, Cuba’s coastline is 40% longer than Florida’s and is largely undeveloped and unspoiled. In response, Cuba is planning a major expansion of its marinas. In light of the expected increase in recreational arrivals to Cuba (in large part … Read more
